Estimated Cash Flow
$343.00/ month
Asking Price
$549,000.00
Potential Rent
$3,525.00/ month
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ZD681511 Edmonton
6920 - 127 AV NW

4 times the rent. 4 times the cashflow! Thats right, this is a legit 4-plex building thats been extensively renovated. Each suite looks fantastic and the quality work is evident. Large windows upper let in lots of light and make the spacious living room feel even bigger and brighter. The lower units are in a raised basement and feel open and airy. Great for ensuring the lower tenants are happy living in a great home. The building is mechanically sound with no serious deferred maintenance. Great for the investor whos looking to have a more turnkey experience. Each of the tenants are great with paying rent and are happy to stay. They keep the places neat and tidy and theres pride of ownership. Conveniently close to transit and major employment hubs, this is a terrific next property for you!

Multi Family

Utilities
$0.00
Number of Suites
4

Mortgage Financing

Purchase Price
$549,000.00
Interest Rate
3.3 %
Down Payment
$109,800.00
Amortization
30 years
Total Mortgage
$439,200.00
Mortgage Payments
$1,924.00

Monthly Variables

Rent Price
Upper Rent ALower Rent AUpper Rent BLower Rent B
$925/month$925/month$900/month$775/month
Property Management Cost
10 %
Calculated Vacancy Rate
3 %
Monthly Maintenance Allowance
$147.00
Annual Property Tax
$6,082.00
Monthly Insurance Cost
$146.00
Net Monthly Cashflow
$343.00
Appreciation
3.5 %

Additional Purchase Costs

Legal Fees
$1,200.00
Inspection
$500.00
Total Purchase Costs
$1,700.00

Rent

Mortgage Financing

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$
years
$
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Monthly Expenses

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$
$
$
$
$
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Additional Purchase Costs

$
Year 1 5 10 30
Cash Flow 0 0 0
Projected Appreciation 0 0 0
Mortgage Paydown 0 0 0
Condo Fees ($) 0 0 0
Net Gain: 0 0 0
Return on Investment: 0 0 0

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